Focus to attract global capital that aligns with long-term growth goals
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1 month, 2 weeks ago

Focus to attract global capital that aligns with long-term growth goals

China Daily  

By Zhong Nan | China Daily | Updated: 2025-02-10 09:08 In years gone by, global companies, crucial to China's long-term economic success, established factories in China's coastal provinces, especially Guangdong, Zhejiang and Jiangsu. This strategic focus aims to attract global capital that aligns with China's long-term growth goals. Moreover, China's commitment to environmental sustainability opens new avenues for businesses specializing in green technologies and services, aligning with global trends toward eco-friendly industrial practices. This commitment not only reinforces China's position as a global manufacturing and tech hub, but also as a leading player in the global economy, continually attracting foreign businesses looking for growth and innovation opportunities.

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High-quality growth offers global boost
Trending News
1 day, 23 hours ago

High-quality growth offers global boost

China Daily  

Faced with growing external uncertainties, China's focus on advancing its high-quality development agenda will not only bolster domestic resilience but also contribute to global economic stability and prosperity, senior officials and businesses executives said at the China Development Forum 2025 in Beijing. Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said, …

High-quality growth offers global boost
Trending News
1 day, 23 hours ago

High-quality growth offers global boost

China Daily  

Faced with growing external uncertainties, China's focus on advancing its high-quality development agenda will not only bolster domestic resilience but also contribute to global economic stability and prosperity, senior officials and businesses executives said at the China Development Forum 2025 in Beijing. Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said, …

China's high-tech path to a greener, brighter future
1 week, 1 day ago

China's high-tech path to a greener, brighter future

China Daily  

JIN DING/CHINA DAILY One of the most compelling aspects of China's economic transformation is its strategic embrace of digital technology and artificial intelligence as catalysts for sustainable growth. This refined approach ensures capital allocation aligns with long-term productivity gains and environmental sustainability, reinforcing China's transition toward an innovation-driven economy. China's economic policies are being shaped by its response to global …

China set to stimulate growth amid global uncertainty
2 weeks ago

China set to stimulate growth amid global uncertainty

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Experts provide insights on the country's economic trends amid global uncertainties, and delve into China's evolving role as a primary driver of global growth. Below are some excerpts: Stimulating domestic demand key to stabilizing markets The Government Work Report submitted to the National People's Congress, China's …

Open China continues to drive global growth
1 month, 1 week ago

Open China continues to drive global growth

China Daily  

Lujiazui, Shanghai's financial center, provides a stunning backdrop to the Bund. This underscores the growing importance of the Belt and Road Initiative in strengthening trade ties and economic cooperation between China and other developing countries, consolidating the country's role as a key player in global trade and infrastructure development. While the Global South seeks access to China's vast market for …

Open China continues to drive global growth
1 month, 1 week ago

Open China continues to drive global growth

China Daily  

Lujiazui, Shanghai's financial center, provides a stunning backdrop to the Bund. This underscores the growing importance of the Belt and Road Initiative in strengthening trade ties and economic cooperation between China and other developing countries, consolidating the country's role as a key player in global trade and infrastructure development. While the Global South seeks access to China's vast market for …

China has to embrace innovation-driven future
1 month, 1 week ago

China has to embrace innovation-driven future

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China's entry into the new phase of economic development gives rise to several questions: Can it establish high-quality high-tech industries to sustain long-term growth? According to labor economists and digital technology experts quoted in "China 2049: Economic Challenges of a Rising Global Power" — …

China has to embrace innovation-driven future
1 month, 1 week ago

China has to embrace innovation-driven future

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China's entry into the new phase of economic development gives rise to several questions: Can it establish high-quality high-tech industries to sustain long-term growth? According to labor economists and digital technology experts quoted in "China 2049: Economic Challenges of a Rising Global Power" — …

Focus to attract global capital that aligns with long-term growth goals
1 month, 2 weeks ago

Focus to attract global capital that aligns with long-term growth goals

China Daily  

In years gone by, global companies, crucial to China's long-term economic success, established factories in China's coastal provinces, especially Guangdong, Zhejiang and Jiangsu. This strategic focus aims to attract global capital that aligns with China's long-term growth goals. Moreover, China's commitment to environmental sustainability opens new avenues for businesses specializing in green technologies and services, aligning with global trends toward …

Shandong aims to boost high-quality growth across the board
2 months ago

Shandong aims to boost high-quality growth across the board

China Daily  

To boost high-quality growth, Shandong province will strive to develop new quality productive forces tailored to local conditions and advance reforms in key fields, fulfilling its role as a major contributor to the country’s development, said Lin Wu, secretary of the Communist Party of China Shandong Provincial Committee. In the new year, Shandong will take key steps to boost consumption, …

Shandong drives innovation, growth to promote digital economy
2 months ago

Shandong drives innovation, growth to promote digital economy

China Daily  

Shandong province has been committed to developing its digital economy by promoting the integration of the real economy and the digital economy through digitization and intelligent upgrades in recent years. In 2024, the scale of the digital economy in Shandong exceeded 49 percent of the province's total GDP, Kaos became a billion-dollar brand in the industrial Internet sector, the city's …

China's economic growth set to higher than global average
2 months ago

China's economic growth set to higher than global average

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2025-01-22 18:32 Ernesto Torres Cantu, head of International at Citi. "The private sector in China is truly remarkable, with business leaders who are incredibly ambitious, globally-minded, and at the forefront of technological innovation," said Ernesto Torres Cantu, head of International at Citi with China Daily. This dynamism in the private sphere is a …

China offers unique path of growth, says expert
2 months ago

China offers unique path of growth, says expert

China Daily  

By XING YI in Davos, Switzerland | China Daily Global | Updated: 2025-01-21 09:28 Jeremy Jurgens, managing director of the World Economic Forum, in Davos, Switzerland on Jan 19, 2025. China's development model offers an alternative path for emerging economies and contributes to global collaboration, said Jeremy Jurgens, managing director of the World Economic Forum, at its annual meeting on …

Better option for the world
2 months, 2 weeks ago

Better option for the world

China Daily  

Economic globalization has brought development opportunities to the world and improved the lives of billions of people around the globe. As the world's second-largest economy, the largest trading country and the second-largest recipient of foreign direct investment, China has contributed to and benefited from economic globalization. Amid a shifting global trade landscape, a growing number of Chinese enterprises are striving …

Tech opening-up key to Chinese modernization
2 months, 3 weeks ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Tech opening-up key to Chinese modernization
2 months, 3 weeks ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Corporations aim for more China presence
3 months ago

Corporations aim for more China presence

China Daily  

Multinational corporations have vowed to deepen cooperation with their Chinese partners and seize the huge opportunities presented by China's sharpened focus on bolstering technological innovation and industrial upgrade, reaffirming their long-term confidence in the world's second-largest economy. Shih said he appreciates China's various measures to boost opening-up, including the deepening of reforms in foreign investment, adding that "the supportive business …

Private firms primed as economic drivers
3 months, 1 week ago

Private firms primed as economic drivers

China Daily  

A view of Tencent's booth during an expo in Beijing. Reflecting on how fiscal and monetary policies have also strengthened market confidence, Zhang called for more efforts to seize opportunities and accelerate the cultivation and growth of new quality productive forces, including new energy. With steadfast confidence in China's economic future, we remain committed to action, innovation and driving progress, …

Global firms mark up expectations of China
3 months, 3 weeks ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Visitors experience an immersive VR game at Qualcomm's exhibition area during the seventh CIIE in Shanghai on Nov 8. "In line with the Chinese government's initiatives to cultivate new quality productive forces, particularly to improve the promotion of strategic industries such as new-generation information technology, artificial intelligence, new energy, new …

Chinese way of ensuring growth for all
4 months ago

Chinese way of ensuring growth for all

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

Chinese way of ensuring growth for all
4 months ago

Chinese way of ensuring growth for all

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

China making the most of a rapidly changing world
4 months ago

China making the most of a rapidly changing world

China Daily  

SHI YU/CHINA DAILY The Bretton Woods institutions — the International Monetary Fund, the World Bank and the General Agreement on Tariffs and Trade -have dominated global trade and development policies in the postwar era, because developed countries were at the height of their power when those policies were devised. In a rapidly changing world, the economic and political hefts of …

China has potential to take the lead in global digital trade, says former commerce vice-minister
4 months ago

China has potential to take the lead in global digital trade, says former commerce vice-minister

China Daily  

China should further opening-up, improve its innovation ability and strengthen international cooperation to take the lead in global digital trade, said Wei Jianguo, China's former vice-minister of commerce, at the 2024 Global Digital Trade Conference recently held in Wuhan, Hubei province. "We need to step up innovation and launch more public products for digital trade to the world to increase …

China pivotal to MNCs' global biz strategy
Trending News
4 months, 1 week ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. "As China's manufacturing sector undergoes transformation and upgrading, high-end manufacturing has become a key area for attracting foreign investment," Ji said. Apart from showcasing the latest products and technology solutions at its 600-square-meter booth, …

China pivotal to MNCs' global biz strategy
Trending News
4 months, 1 week ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors experience lens products from German optical systems company ZEISS Group at its booth during the seventh CIIE in Shanghai on Nov 9. Highlighting that this grand event has established itself as a premier venue for global product debuts for seven years, Arnold Li, senior vice-president of Ingersoll Rand Inc, a US industrial goods manufacturer and seven-time participant at the …

China has potential to take the lead in global digital trade, says former commerce vice-minister
4 months, 1 week ago

China has potential to take the lead in global digital trade, says former commerce vice-minister

China Daily  

Wei Jianguo, China's former vice-minister of commerce. China should further opening-up, improve its innovation ability and strengthen international cooperation to take the lead in global digital trade, said Wei Jianguo, China's former vice-minister of commerce, at the 2024 Global Digital Trade Conference recently held in Wuhan, Hubei province. "We need to step up innovation and launch more public products for …

China on track to reach growth targets
4 months, 1 week ago

China on track to reach growth targets

China Daily  

A visitor touches the finger of a mechanical hand at a booth at the 26th China High-Tech Fair in Shenzhen, South China's Guangdong province, Nov 15, 2024. China has "full confidence" that it will meet the growth targets for this year and remain the biggest engine of world economic growth, President Xi Jinping said on Friday, reaffirming Beijing's pledge to …

Sifting fact from fiction: Nation vital to progress
4 months, 1 week ago

Sifting fact from fiction: Nation vital to progress

China Daily  

View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. For example, in 2023, China was the world's largest investor in clean energy technologies, production and consumption, and was also the biggest supplier of wind turbines and solar panels in the global market. It can be inferred that China has built the capacity and …

List of 'global' Chinese brands ever growing
4 months, 1 week ago

List of 'global' Chinese brands ever growing

China Daily  

Visitors check out the booth of Zhejiang Geely Holding Group at an auto expo in Frankfurt, Germany, in September. At the recent 2024 China Enterprise High Quality Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex overseas markets. Yang outlined Lenovo's "three pillars" for successful …

List of 'global' Chinese brands ever growing
4 months, 1 week ago

List of 'global' Chinese brands ever growing

China Daily  

Visitors check out the booth of Zhejiang Geely Holding Group at an auto expo in Frankfurt, Germany, in September. At the recent 2024 China Enterprise High Quality Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex overseas markets. Yang outlined Lenovo's "three pillars" for successful …

Sifting fact from fiction: Nation vital to progress
4 months, 1 week ago

Sifting fact from fiction: Nation vital to progress

China Daily  

View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. For example, in 2023, China was the world's largest investor in clean energy technologies, production and consumption, and was also the biggest supplier of wind turbines and solar panels in the global market. It can be inferred that China has built the capacity and …

Chinese enterprises' global expansion: Balancing growth and localization
4 months, 2 weeks ago

Chinese enterprises' global expansion: Balancing growth and localization

China Daily  

At the 2024 China Enterprise High Quality Going Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally. At the 2024 China Enterprise High Quality Going Overseas Forum held recently in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex …

China's Growth: A Catalyst for Global Prosperity
4 months, 2 weeks ago

China's Growth: A Catalyst for Global Prosperity

China Daily  

China's growth is vital for global development, and the country will promote mutually beneficial cooperation and development to counter the zero-sum games being played by some Western economies. The expansion and structural optimization of China's economy will have a significant impact on global economic growth, with every 1 percentage point increase in China's growth rate boosting global economic growth by …

China's High-Quality Development: A Catalyst for Global Prosperity
4 months, 3 weeks ago

China's High-Quality Development: A Catalyst for Global Prosperity

China Daily  

China's pursuit of high-quality development is expected to continue to be a major driver of global growth. Three experts share their views on the issue, with some arguing that pure economic variables are not sufficient to make people understand and design policies on development, while others emphasize the importance of poverty reduction in achieving sustainable development.

China Embraces Foreign Investment in Telecoms, Boosting Market Competition and Digital Development
4 months, 3 weeks ago

China Embraces Foreign Investment in Telecoms, Boosting Market Competition and Digital Development

China Daily  

China launches a pilot project to open up value-added telecommunication services to the outside world, allowing foreign capital to operate telecom services such as internet data centers. This move is intended to stimulate market competition and share China's digital development opportunities with other countries.

China's modernization efforts create opportunities for world
5 months, 3 weeks ago

China's modernization efforts create opportunities for world

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. In 1953, my grandfather led the "Icebreaking Mission", which was crucial in signing the first trade agreement between the newly founded People's Republic of China and the West. China's Belt and Road Initiative is a clear example of how the country's development is reshaping international trade routes, creating opportunities …

Innovation to power China growth
6 months ago

Innovation to power China growth

China Daily  

Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main driver of China's future economic growth. Kiyoyuki Seguchi, research director at the …

Innovation to power China growth
6 months ago

Innovation to power China growth

China Daily  

By Jiang Xueqing in Tokyo | China Daily | Updated: 2024-09-21 07:08 Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main …

Report: Chinese modernization offers vast growth potential for multinationals
6 months, 3 weeks ago

Report: Chinese modernization offers vast growth potential for multinationals

China Daily  

The research report Multinational Corporations in China: Sharing New Opportunities of Chinese Modernization was released during the opening ceremony of the fifth Qingdao Multinationals Summit on Aug 28. According to the report, multinational corporations are continuously optimizing their industry structures and regional layouts for investment in China, which deepens their engagement with the Chinese market. In 2023, China's high-tech industry …

Foreign direct investment in China optimizes, upgrades
6 months, 3 weeks ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

Chinese funds help energize Global South
6 months, 3 weeks ago

Chinese funds help energize Global South

China Daily  

An employee works on an assembly line of electric buses, whose components are imported from China, in Addis Ababa, Ethiopia, in March. Today, Chinese firms, especially those engaged in sectors like high-end manufacturing and trade-in services, are adapting their strategies to better align with the changing global market environment. Over the past five years, with the global landscape evolving rapidly, …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial market volatility," Ronnie Lins, …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

China on track to reach economic growth goal
7 months ago

China on track to reach economic growth goal

China Daily  

Xu Hongcai, deputy director of the China Association of Policy Science's Economic Policy Committee delivers a speech at a news conference held in Beijing, on Tuesday. China is well poised to achieve its economic growth goal of about 5 percent this year, as the country continues to boost domestic demand, a senior expert said on Tuesday. Xu also said insufficient …

Chinese economy advances with steady growth momentum
7 months, 1 week ago

Chinese economy advances with steady growth momentum

China Daily  

The skyline of Beijing. Last month, a broad range of key indicators maintained steady expansion, with production and demand on the rise, overall employment remaining stable, and new growth drivers building up, according to the National Bureau of Statistics. Last month, retail sales of consumer goods went up 2.7 percent year on year to nearly 3.78 trillion yuan, accelerating from …

Time to explore growth mechanism for development of future industries
7 months, 2 weeks ago

Time to explore growth mechanism for development of future industries

China Daily  

Workers operate on an assembly line of new energy vehicles in Jinhua, Zhejiang province, in July. HU XIAOFEI/FOR CHINA DAILY The central authorities recently said China will improve the system and mechanism for developing new quality productive forces and establish an input growth mechanism for the development of future industries. Future industries serve not only as an important engine for …

Boost to market confidence, growth momentum
7 months, 2 weeks ago

Boost to market confidence, growth momentum

China Daily  

Kids race with a robot dog during an expo in Mianyang, Sichuan province. Highlighting the country's ongoing deepening reform practices, Han said China aims to drive the transition from its traditional growth drivers to new growth drivers, providing robust support for high-quality development. In its latest efforts to spur domestic demand, China announced in late July that it would allocate …

Boost to market confidence, growth momentum
7 months, 2 weeks ago

Boost to market confidence, growth momentum

China Daily  

Kids race with a robot dog during an expo in Mianyang, Sichuan province. Highlighting the country's ongoing deepening reform practices, Han said China aims to drive the transition from its traditional growth drivers to new growth drivers, providing robust support for high-quality development. In its latest efforts to spur domestic demand, China announced in late July that it would allocate …

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